News

We’ve just published the Annual Industry Turnover & Key Volumes survey 2007 in association with Lloyds TSB Commercial Finance and Recruitment Consultant magazine. The Report shows the period ending April 2007 saw strong performance in the sector with total turnover increasing by 7.4% to £26.65bn. Further key metrics from the report are highlighted in the ‘stats’ bank below and copies of the full report are available from the research bookshop: Click here.

The first in a series of Regional Profiles for recruiters is now available as a FREE download. The Profiles summarise useful labour market information (from government sources and the Unit’s own research) in a format specifically designed for recruiters. The first Profile covers Wales. Separate profiles on Northern Ireland and London will be published later this year. All other regions will be covered in 2008. Click here.

The joint project with CIPD is progressing well. It will be looking at providing a best practice framework for helping employers and agencies work more effectively together. MORI has been appointed as the projects research partner and a number of employer focus groups are planned for the next few weeks.

Detailed new research looking at the role agencies can play in supporting lone parents into work will be published in early December. It’s been commissioned by the Unit from Manchester University.

Results from the first wave of research looking at users of recruitment websites will be published by the Unit shortly. Agencies can participate in the research and have their website benchmarked by contacting Alisdair Cartwright at Enhance Media:

Reports

• 2006/07 REC Annual Industry Turnover & Key Volumes survey (key metrics on turnover, volume & staffing). Click here.
• Regional Profile – Wales. Click here.
• 2007 REC Annual Salary & Benefits Survey (salaries, benefits, satisfaction, turnover). Click here.
• Quarter 2 2007 Tracking Results. Click here.
• Debunking the Myths – The Future of Managed Services in Recruitment. Click here.
• Quarter 1 2007 Tracking Results (the latest on business prospects, performance, satisfaction levels and much more). Click here.
• REC 360deg. tracking report 2006 (summary of continuous research covering performance, satisfaction, growth and efficiency across the Industry). Click here.
• Recruitment 2020 (the future of recruitment and why it matters) DEMOS 2007. FREE download. Click here.
• 2005/06 REC Annual Industry Turnover & Key Volumes survey (key metrics on turnover, volume & staffing). Click here
• 2006 REC Annual Salary & Benefits survey (salaries, benefits, satisfaction, turnover) click here.
• Managed Services volume 1 (new data on size, growth & definitions) click here.
• 2006 Recruitment Industry ‘Census’ (regional & sector level profile of industry) click here.

Insight

“The Demos pamphlet (Recruitment 2020, the future of recruitment and why it matters) was sent to me and I thought it was excellent – it contains some very valid points … and makes a useful contribution to the current debate.”

Tom Peters
US Management ‘guru’, speaking in London, November 2007

Stats

This month from 2007 Annual Industry Turnover & Key Volumes survey:

• Total Industry turnover has increased from £24.8bn in 2005/06 to £26.65bn for 2006/07
• Total turnover from temporary and contract business has increased to £23.16bn.
• The number of agency/contract workers is now at 1,377,740.
• The number of permanent placements is now at 787,280
• Total industry staffing has broken the 100k mark for the first time and now stands at 101,286

Pipeline

The following research reports are scheduled to become available over the next few months. As always advanced orders can be placed with Maggie Pattinson: maggie.pattinson@rec.uk.com

• Regional Profiles for recruiters – Northern Ireland (November).
• Regional Profiles for recruiters – London (December).
• Lone Parents and Agency Work - with the Adecco Research Institute (available December)
• Quarter 3 Tracking Summary (December)
• Recruitment Industry Online (January)

The Industry Research Unit is grateful to its Steering Group Members for their generous support and leadership that enables the research we do.

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